Mercantile Bank Corp
NASDAQ:MBWM

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Mercantile Bank Corp
NASDAQ:MBWM
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Price: 44.64 USD -2.02% Market Closed
Market Cap: 720.5m USD
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Mercantile Bank Corp
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Mercantile Bank Corp
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Mercantile Bank Corp
NASDAQ:MBWM
Net Income (Common)
$80m
CAGR 3-Years
9%
CAGR 5-Years
11%
CAGR 10-Years
17%
PNC Financial Services Group Inc
NYSE:PNC
Net Income (Common)
$4.7B
CAGR 3-Years
-5%
CAGR 5-Years
-1%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Net Income (Common)
$2.3B
CAGR 3-Years
8%
CAGR 5-Years
4%
CAGR 10-Years
9%
Truist Financial Corp
NYSE:TFC
Net Income (Common)
-$1.9B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Net Income (Common)
$2.1B
CAGR 3-Years
-7%
CAGR 5-Years
-1%
CAGR 10-Years
4%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Net Income (Common)
$2.5B
CAGR 3-Years
67%
CAGR 5-Years
42%
CAGR 10-Years
38%
No Stocks Found

Mercantile Bank Corp
Glance View

Market Cap
720.6m USD
Industry
Banking

Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 585 full-time employees. Its bank is a state banking company. The company provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. The company makes secured and unsecured commercial, construction, mortgage, and consumer loans, and accepts checking, savings, and time deposits. The company provides a range of personal banking services, such as checking, savings, certificate of deposit, health savings, cards, loans, online, and mobile services. The company offers a range of loans, such as home equity loans, personal loans, overdraft protection, and student loans. The company also enables customers to conduct certain loan and deposit transactions on a personal computer and through mobile applications. The company provides a range of insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products.

MBWM Intrinsic Value
54.8 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Mercantile Bank Corp's Net Income (Common)?
Net Income (Common)
80m USD

Based on the financial report for Sep 30, 2024, Mercantile Bank Corp's Net Income (Common) amounts to 80m USD.

What is Mercantile Bank Corp's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
17%

Over the last year, the Net Income (Common) growth was -5%. The average annual Net Income (Common) growth rates for Mercantile Bank Corp have been 9% over the past three years , 11% over the past five years , and 17% over the past ten years .

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